Skip to content
Search

Latest Stories

London mayor Khan urge businesses to warn Tories about ‘irresponsible’ no-deal Brexit pledges

LONDON mayor Sadiq Khan is urging businesses to use their influence on Conservative Party members to highlight the consequences of taking a no-deal Brexit off the table.

The two Tory leadership contenders -- Boris Johnson and Jeremy Hunt -- have said they were prepared to take UK out of the EU in October with or without a deal.


In a speech to the CBI yesterday (4), Khan said the contest to succeed Theresa May has become a "bizarre contest to see which man will promise the most economically damaging plans".

“The Conservative Party leadership race seems to have descended into a race to the bottom. It has become a bizarre contest to see which man will promise the most economically damaging plans," Khan said.

Saying both the candidates were competing to see who can sound the most macho, Khan said the refusal to take "no-deal off the table is already creating uncertainty, denting business confidence and damaging our economy."

“All of this is creating additional costs for business, jeopardising expansion plans and making forecasting impossible," said the mayor. “The damage that Boris Johnson and Jeremy Hunt are seemingly willing to do to our country, and our economy, in pursuit of power looks limitless.

"And for both men, it demonstrates that they simply don’t care about the real world consequences as long as they achieve personal power."

Calling the situation "thoroughly depressing", Khan said businesses should raise their voice to safeguard their interests.

Praising CBI director general Carolyn Fairbairn for speaking out on Brexit, Khan said: "And now – more than ever – it’s the time to make your voice heard and to use your influence on Conservative Party members. Because the voice of business needs to be heard loud and clear.”

More For You

Unlock Her Future Prize

Six women innovators have been selected as winners of the Unlock Her Future Prize 2025 for ventures supporting the UN Sustainable Development Goals.

Six South Asian innovators selected for Unlock Her Future Prize

The Bicester Collection has announced the winners of the Unlock Her Future Prize 2025 – South Asia Edition. Six innovators from Bangladesh, India, Nepal, Bhutan and Pakistan were selected for their ventures supporting the United Nations Sustainable Development Goals.

The initiative, part of the company’s DO GOOD programme, is a global start-up competition for women social entrepreneurs at idea or early-growth stage. Supported by Ashoka and endorsed by UN Women, the Prize has reached women across 39 countries and allocated more than US$600,000 to women-led ventures.

Keep ReadingShow less